Money movement
How I make money online gave you hop 4 ur good growing 👆 ![Screenshot_20180629-030802.png](https://cdn.steemitimages.com/DQmXhdxcMtFUFNWpwTTGMxRLB4zPfhyy9V9Lo2CjPvHNMby/One of the primary goals of Steem’s reward system is to produce the best discussions on the internet. Each
year, 75% of the yearly inflation is distributed to users submitting, voting on, and discussing content. At
the size of Bitcoin this could be several million dollars per day being distributed among the top contributors.
The actual distribution will depend upon the voting patterns of users, but we suspect that the vast majority
of the rewards will be distributed to the most popular content.
Zipf’s Law6
is one of those empirical rules that characterize a surprising range of real-world phenomena
remarkably well. It says that if we order some large collection by size or popularity, the second element
in the collection will be about half the measure of the first one, the third one will be about one-third the
measure of the first one, and so on. In general, the kth ranked item will measure about 1/k of the first one.
Taking popularity as a rough measure of value, then
the value of each individual item is given by Zipf’s
Law. That is, if we have a million items, then the
most popular 100 will contribute a third of the total
value, the next 10,000 another third, and the remain-
ing 989,900 the final third. The value of the collection
of n items is proportional to log(n).
The impact of this voting and payout distribution is
to offer large bounties for good content while still
rewarding smaller players for their long-tail contribu-
tion.
The economic effect of this is similar to a lottery
where people overestimate their probability of getting
votes and thus do more work than the expected value
of their reward, thereby maximizing the total amount
of work performed in service of the community. The fact that “everyone wins something” plays on the
same psychology that casinos use to keep people gambling. In other words, small rewards help reinforce
the idea that it is possible to earn bigger rewards.
Payouts
When a post receives a payout, it takes the form of 50% SBD and 50% SP. The Steem Power gives the
user increased voting and transaction power, while the SBD gives the user an immediate benefit in a stable-030802.png)
✅ @sonsons, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!
Thank you in advance!
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